Regulatory pressure is the biggest threat facing companies across all industries worldwide, according to a report by consultant KPMG International. It weighed in as the No. 1 challenge facing financial services and energy and resource companies. Government pressure to contain spending was the top risk in health care. Geopolitical unrest and a global economic crisis were also major worries.Calling us "global honchos" will not help, I suspect, but point taken.
Seventy-percent of C-suite execs across all industries say that regulatory changes have caused either substantial or moderate changes in their risk management and reporting processes in the past two years